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Adam Smith Adam Smith
Classical School of Economics Classical School of Economics
Key Works of Economics Key Works of Economics

Classical School of Economics
Thomas Malthus, John Stuart Mill, and David Ricardo together with Adam Smith form the “classical” school of economics. All four believed in private property, free markets, and competition. Malthus, Ricardo, and Mill, however, encouraged government regulation of the economy in certain instances.
Thomas Malthus
Thomas Malthus
Thomas MalthusThomas Malthus John Stuart MillJohn Stuart Mill David RicardoDavid Ricardo
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Economics
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